23rd August 2006, 01:07 PM
How 'big' is a big company? Most archaeological companies are small and often suffer as many cash-flow problems with larger development companies not paying their invoices also.
If you are a sub-contractor, it is my understanding that most companies deal with invoices at the end of each month and pay the following month. Is this not the normal practice?
I'm not an accountant though, so, unless it is written in the initial contract that invoices are paid 28 days from the [u]date </u>of the invoice (rather than the end of the month) do you have a leg to stand on?
If you are waiting months for an invoice to be paid then I agree - it's their loss!
If you are a sub-contractor, it is my understanding that most companies deal with invoices at the end of each month and pay the following month. Is this not the normal practice?
I'm not an accountant though, so, unless it is written in the initial contract that invoices are paid 28 days from the [u]date </u>of the invoice (rather than the end of the month) do you have a leg to stand on?
If you are waiting months for an invoice to be paid then I agree - it's their loss!